@Shyon:I find the bull-market argument interesting, especially the higher lows, higher highs and renewed ETF inflows. BTC recovering above key investor cost bases after recent macro pressure also adds support. Still, I see the $250,000 target as a long-term scenario, not a short-term expectation. For me, the key is whether ETF demand continues and BTC maintains its higher-low structure. Rates and liquidity can still create sharp volatility, so I prefer gradual accumulation rather than chasing breakouts. I remain constructive on Bitcoin long term, but I would keep position sizing under control and expect sizeable corrections along the way. For me, disciplined DCA and patience matter more than predicting the exact cycle top. @Capital_Insights

@Shyon:I am leaning toward the view that AI has strengthened the memory cycle, but it has not eliminated the cycle completely. HBM and server DRAM demand are structurally stronger because AI servers are consuming much more memory, so I think this upcycle can last longer than a traditional cycle. At the same time, I understand Burry’s argument. Strong pricing will attract more capacity, and if supply catches up with AI demand, memory margins can compress quickly. For me, the key risk is the timing of the supply response, especially from new capacity and improving technology. I am still constructive on $Micron Technology(MU)$ for the mid to long term, but I prefer watching pricing, inventory and supply data rather than simply following the bullish narrative

@koolgal:🌟🌟🌟 $SanDisk Corp.(SNDK)$ is currently like a lightning rod.  The structural need for memory is real, making a strong case for a supercycle.  However the price you are paying for that future is heavily intoxicated by peak market sentiment. History screams a warning to those buying at the top.  At these levels even a tiny piece of bad news, a minor shipping delay or a change in a single customer's budget could trigger a brutal avalanche. It is much better to buy $VanEck Semiconductor ETF(SMH)$ compared to buying just SanDisk alone.  That way if SanDisk has a bad day, your portfolio is protected by othe